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KBR Reports Third Quarter Fiscal 2025 Results
Globenewswire· 2025-10-30 10:00
Core Insights - KBR, Inc. reported third quarter fiscal 2025 results, showing resilience despite revenue headwinds, with a year-on-year double-digit growth in Adjusted EBITDA and strong cash conversion [2][6][8] Financial Performance - Revenues for the third quarter were $1.931 billion, a slight decrease of 0% or $6 million compared to the previous year [5][8] - Operating income increased by 10% to $191 million, driven by strong project execution on an LNG project [9][12] - Net income attributable to KBR was $115 million, up 15% from the previous year, reflecting improved operating income [9][10] - Adjusted EBITDA reached $240 million, a 10% increase, with an Adjusted EBITDA margin of 12.4% [6][12] - Diluted earnings per share attributable to KBR were $0.90, up 20% from the previous year [11][34] Segment Performance - Mission Technology Solutions (MTS) revenues were flat at $1.406 billion, with operating income remaining stable at $114 million [16] - Sustainable Technology Solutions (STS) revenues decreased by 1% to $525 million, but operating income increased by 13% to $118 million [18][20] - Backlog and options totaled $23.4 billion, with a book-to-bill ratio of 1.4x for the quarter [13][20] Capital Management - Operating cash flows from continuing operations were $198 million, a 29% increase, with an operating cash conversion rate of 152% [21] - KBR returned $122 million to shareholders, including $100 million in share repurchases and $22 million in dividends [21] - As of October 3, 2025, liquidity totaled approximately $1.1 billion, with a net leverage ratio of 2.2x [20] Guidance and Strategic Initiatives - KBR revised its fiscal year 2025 guidance, projecting revenues between $7.75 billion and $7.85 billion, down from the previous range [22][23] - The company announced plans to spin off its Mission Technology Solutions segment into a separate publicly-traded company, targeting completion by mid-to-late 2026 [24]
KBR(KBR) - 2025 Q3 - Quarterly Results
2025-10-29 23:06
Financial Performance - Revenues for Q3 FY 2025 were $1.9 billion, a decrease of 0% or $6 million compared to Q3 FY 2024[7] - Adjusted EBITDA was $240 million, up 10% or $21 million, with an Adjusted EBITDA margin of 12.4%[12] - Net income attributable to KBR was $115 million, an increase of 15% or $15 million compared to the previous year[8] - Adjusted earnings per share were $1.02, up 21% or $0.18 compared to the previous year[12] - Total revenues for the three months ended October 3, 2025, were $1.931 billion, slightly down from $1.937 billion for the same period in 2024[31] - Net income attributable to KBR for the three months ended October 3, 2025, was $115 million, compared to $100 million for the same period in 2024, representing a 15% increase[31] - Adjusted EBITDA for the three months ended October 3, 2025, was $240 million, up from $219 million in the same period last year, indicating a growth of approximately 9.6%[31] - Net income from continuing operations for the nine months ended October 3, 2025, was $345 million, compared to $302 million for the same period in 2024, representing a 14.2% increase[35] - Adjusted EBITDA for the nine months ended October 3, 2025, was $730 million, up from $642 million in the same period of 2024, reflecting an increase of 13.7%[39] - Adjusted EPS for the nine months ended October 3, 2025, was $2.93, compared to $2.44 for the same period in 2024, marking a 20.1% increase[41] - The company’s diluted EPS from continuing operations for the three months ended October 3, 2025, was $0.91, compared to $0.75 for the same period in 2024, representing a 21.3% increase[41] Cash Flow and Capital Management - Operating cash flows from continuing operations were $198 million, up 29% or $45 million, with an operating cash conversion of 152%[18] - Cash and equivalents increased to $539 million as of October 3, 2025, compared to $342 million at the beginning of the fiscal year[33] - Operating cash flows from continuing operations for the nine months ended October 3, 2025, totaled $506 million, compared to $409 million for the same period in 2024, indicating a 23.8% increase[43] - Cash and cash equivalents at the end of the period for continuing operations increased to $539 million from $446 million year-over-year[35] - Total cash flows provided by operating activities from continuing operations for the nine months ended October 3, 2025, were $506 million, compared to $409 million in the prior year, a 23.8% increase[35] - Total cash flows provided by investing activities for continuing operations were $47 million for the nine months ended October 3, 2025, compared to a cash outflow of $733 million in the same period of 2024[35] - KBR returned $122 million in capital to shareholders, including $100 million in share repurchases and $22 million in dividends[18] Contracts and Backlog - Bookings and options totaled $4.2 billion with a book-to-bill ratio of 1.4x for the quarter[5] - Backlog and options as of the quarter end totaled $23.4 billion[12] - KBR secured a $2.5 billion NASA contract to support astronaut health and research for future human spaceflight missions[20] Guidance and Future Outlook - The company is revising its FY 2025 guidance due to the pace of awards and unresolved bids during the U.S. Government shutdown[22] - The company projects revenues for fiscal year 2025 to be between $7.75 billion and $7.85 billion, a decrease from the prior guidance of $7.9 billion to $8.1 billion[23] - Adjusted EBITDA for fiscal year 2025 is expected to remain stable at $960 million to $980 million, consistent with the previous year's guidance[23] - Adjusted EPS is forecasted to be between $3.78 and $3.88, unchanged from the prior fiscal year guidance[23] Corporate Developments - The company announced plans to spin off its Mission Technology Solutions segment into a separate publicly-traded company, targeting completion by mid-to-late 2026[24] - The company will host a conference call on October 30, 2025, to discuss its third quarter fiscal year 2025 results[25] Assets - Total assets as of October 3, 2025, were $6.649 billion, a slight decrease from $6.663 billion at the beginning of the fiscal year[33]
KBR CLASS ACTION: Bragar Eagel & Squire, P.C. Urges KBR Stockholders to Contact the Firm Regarding Their Rights Before November 18th
Globenewswire· 2025-10-29 21:52
Core Viewpoint - A class action lawsuit has been filed against KBR, Inc. for allegedly making false and misleading statements regarding its partnership with the U.S. Department of Defense's Transportation Command, leading to investor losses during the specified Class Period [3][7]. Allegation Details - The lawsuit claims that KBR was aware of concerns from TRANSCOM about HomeSafe's ability to fulfill its Global Household Goods Contract for several months but failed to disclose this information [3]. - KBR allegedly misled investors by asserting that its partnership with TRANSCOM would continue to grow despite these concerns [3]. - The company's public statements throughout the Class Period are claimed to be false and materially misleading, resulting in damages to investors when the truth was revealed [3]. Next Steps - Investors who purchased KBR shares between May 6, 2025, and June 19, 2025, and suffered losses are encouraged to contact the law firm for more information and to discuss their legal rights [4][7]. - The deadline for investors to apply to be appointed as lead plaintiff in the lawsuit is November 18, 2025 [7]. About the Law Firm - Bragar Eagel & Squire, P.C. is a nationally recognized law firm that represents individual and institutional investors in complex litigation across the United States [5].
SHAREHOLDER ALERT: Berger Montague Reminds KBR, Inc. (NYSE: KBR) Investors of Class Action Lawsuit Deadline
Prnewswire· 2025-10-29 20:21
Core Viewpoint - A class action lawsuit has been filed against KBR, Inc. for allegedly making false and misleading statements regarding its partnership with HomeSafe, which led to a significant drop in KBR's stock price after the termination of a contract by the U.S. Department of Defense's TRANSCOM [1][3][4]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who acquired KBR shares between May 6, 2025, and June 19, 2025 [1][2]. - Investors have until November 18, 2025, to seek appointment as lead plaintiff representatives [2]. - The allegations include KBR's failure to disclose concerns from TRANSCOM about HomeSafe's ability to fulfill its obligations under the Global Household Goods Contract [3]. Group 2: Impact on Stock Price - Following the announcement of the contract termination by HomeSafe on June 19, 2025, KBR's shares fell by $3.85, or 7%, closing at $48.93 on June 20, 2025 [4]. Group 3: Company Background - KBR, headquartered in Houston, Texas, provides engineering, logistics, defense contracting, and mission-critical government services [2].
LEVI & KORSINSKY ISSUES CORRECTION: Securities Fraud Class Action Against KBR, Inc.
Globenewswire· 2025-10-29 01:39
Core Viewpoint - A class action securities fraud lawsuit has been filed against KBR, Inc. by The Rosen Law Firm, P.A., correcting a previous misstatement regarding the filing firm [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to recover losses for shareholders affected by alleged securities fraud occurring between May 6, 2025, and June 19, 2025 [2]. - The complaint alleges that KBR, Inc. made false statements regarding its partnership with HomeSafe, despite knowing that the U.S. Department of Defense had concerns about HomeSafe's ability to fulfill a global household goods contract [3]. Group 2: Next Steps for Affected Shareholders - Shareholders who suffered losses during the specified timeframe are encouraged to visit a provided link to learn about their rights to seek recovery, with no cost or obligation to participate [4]. Group 3: Legal Representation - Levi & Korsinsky LLP is highlighted as a nationally-recognized securities litigation firm with a strong track record in securing recoveries for shareholders, having ranked in the Top 50 Report for seven consecutive years [5].
ROSEN, TRUSTED INVESTOR COUNSEL, Encourages KBR, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – KBR
Globenewswire· 2025-10-28 18:59
Core Viewpoint - Rosen Law Firm is reminding investors who purchased KBR, Inc. securities between May 6, 2025, and June 19, 2025, about the upcoming lead plaintiff deadline for a securities class action lawsuit set for November 18, 2025 [1]. Group 1: Class Action Details - Investors who bought KBR securities during the specified Class Period may be eligible for compensation without incurring out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by November 18, 2025 [3]. - The lawsuit alleges that KBR's management made materially false and misleading statements regarding the company's operations and prospects, particularly concerning the Global Household Goods Contract with the U.S. Department of Defense [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting its own success in achieving significant settlements for investors [4]. - The firm has been recognized for its performance in securities class action settlements, including being ranked No. 1 by ISS Securities Class Action Services in 2017 and recovering over $438 million for investors in 2019 [4].
November 18, 2025 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against KBR
Prnewswire· 2025-10-28 12:45
Core Viewpoint - A class action securities lawsuit has been filed against KBR, Inc. alleging securities fraud that affected investors between May 6, 2025, and June 19, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that KBR, Inc. made false statements regarding its partnership with HomeSafe, despite knowing that the U.S. Department of Defense had concerns about HomeSafe's ability to fulfill a global household goods contract [2]. - It is alleged that the defendants' statements about KBR's business operations and prospects were materially false and misleading, lacking a reasonable basis during the relevant time [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until November 18, 2025, to request to be appointed as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4].
KBR, Inc. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before November 18, 2025 to Discuss Your Rights - KBR
Prnewswire· 2025-10-27 12:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of KBR, Inc. regarding a class action lawsuit alleging that the company made materially false and misleading statements about its business operations and prospects during a specific class period [1]. Group 1: Allegations and Class Period - The class period for the allegations against KBR is from May 6, 2025, to June 19, 2025 [1]. - The complaint claims that KBR's management was aware of concerns from the U.S. Department of Defense regarding HomeSafe's ability to fulfill a global household goods contract but misrepresented the situation as being without issues [1]. Group 2: Next Steps for Shareholders - Shareholders who purchased KBR shares during the specified period are encouraged to register for the class action by November 18, 2025, to potentially become lead plaintiffs [2]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the status of the case [2]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect investors' rights and seeks recovery for those who suffered losses due to deceitful practices and misleading statements by companies [3].
KBR CLASS ACTION REMINDER: Bragar Eagel & Squire, P.C. Reminds KBR Stockholders of the November 18th Deadline for the Filed Class Action Lawsuit
Globenewswire· 2025-10-25 17:11
Core Viewpoint - A class action lawsuit has been filed against KBR, Inc. for allegedly making false and misleading statements regarding its partnership with the U.S. Department of Defense's Transportation Command, leading to investor losses during the specified class period [3][7]. Allegation Details - The complaint alleges that KBR was aware of concerns from TRANSCOM about HomeSafe's ability to fulfill its Global Household Goods Contract for several months but failed to disclose this information [3]. - KBR allegedly misled investors by claiming that its partnership with TRANSCOM would continue to grow despite these concerns [3]. - The company's public statements during the class period are claimed to be false and materially misleading, resulting in damages to investors when the truth was revealed [3]. Next Steps - Investors who purchased KBR shares between May 6, 2025, and June 19, 2025, and suffered losses are encouraged to contact the law firm for more information and to discuss their legal rights [4][7]. - The deadline for investors to apply to be appointed as lead plaintiff in the lawsuit is November 18, 2025 [7]. About the Law Firm - Bragar Eagel & Squire, P.C. is a nationally recognized law firm that represents individual and institutional investors in complex litigation across the United States [5].
INVESTOR REMINDER: Berger Montague Notifies KBR, Inc. (NYSE: KBR) Investors of a Class Action Lawsuit and Deadline
Prnewswire· 2025-10-24 20:05
Core Points - A class action lawsuit has been filed against KBR, Inc. on behalf of investors who acquired shares between May 6, 2025, and June 19, 2025 [1][2] - The lawsuit alleges that KBR failed to disclose significant concerns from the U.S. Department of Defense regarding its joint venture partner, HomeSafe, and its ability to fulfill a key military contract [3] - Following the termination of the contract by TRANSCOM on June 19, 2025, KBR's stock price dropped by $3.85, or 7%, closing at $48.93 on June 20, 2025 [4] Company Overview - KBR, Inc. is a Houston-based engineering, technology, and government services firm that provides logistics and operations support to various federal agencies, including the Department of Defense [2] Legal Context - Investors who purchased KBR securities during the specified class period have until November 18, 2025, to seek appointment as lead plaintiff representatives [2]